Thread: GST cheques?
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Old 11-28-2004, 07:47 AM
albert_dao albert_dao is offline
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Quote:
Originally Posted by kris_willard
BUY RRSP"S! Why give your money to the government when you can give it to your self? You may not be able to use them right away but at least your not throwing you money out the window. In effect if your buying lots of RRSP's you income goes down and depending on how much you make...GST cheque!

From my understanding, doesn't your eventual collection of these savings count as taxable income? I might be wrong, but if not, then you're not so much paying yourself back as delaying the inevitable rape. Come to think of it, if that's the case, the this is a horrible idea because of inflation...

I hope I'm wrong.
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